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The 2015 Federal Budget and Housing: Too good to be true

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The 2015 federal Budget made commitments on affordable housing that were originally interpreted as a positive response to housing advocates’ call to sustain federal spending on maturing federal funding agreements. This interpretation was incorrect; spending on existing social housing will decline over the next several years. This article explains the misinterpretation and what is really happening.

Summary

The 2015 federal Budget made commitments on affordable housing that were originally interpreted as a positive response to housing advocates’ call to sustain federal spending on maturing federal funding agreements.

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Maytree is committed to advancing systemic solutions to poverty and strengthening civic communities. We believe the most enduring way to fix the systems that create poverty is to have economic and social rights safeguarded for all people living in Canada.